This programme is specifically designed to provide:
What you will study
The first year programme will comprise modules from the areas of finance, economics, marketing and mathematics. The objective of the first year will be to equip students with the basic tools of mathematical, marketing, accounting and economic analysis which will be required for the modules to follow at Level 2.
Investigation in Statistics forms the basis for later statistics options. Linear Algebra, Calculus, Discrete Mathematics, Probability Models and Statistical Inference are introductory level courses designed to prepare you for using mathematics & Statistics in other context.
Economics will give you a better understanding of the Business Environment.
Financial Accounting skills and the core principles underlying financial theory will be introduced in this level which will be enhanced in the higher level.
Business & Communication Skills will further equip you with the communication skills required to cope with academic demands of degree level study in all disciplines.
In addition to the above, all students are also required to successfully complete General Studies modules as stipulated by the Malaysian Qualification Agency, as well as fulfill credit requirements for Co-Curricular Activities.
The second year will focus on major insurance modules focusing on Life assurance, Health and medical insurance, risk and insurance, legal aspect of insurance and the principles of insurance. Both the conventional and Islamic aspects will be discussed.
Modules such as Financial Planning & Control, Financial Analysis and Financial management will allow you to explore finance in greater depths, both at the planning and management aspect.
Students are also introduced to Business Research Method module which exposes students on how to conduct research and write research proposal.
Economics for Business module will enhance you with an understanding of the economic and business environment and its application to insurance business.
You will also use your co curricular activities (social, sport, cultural etc.) as evidence of the development of your personal skills, which are highly regarded by employers. You will collect this information in a portfolio and submit together with an essay showing how these experiences have helped to develop your employability skills such as social, interpersonal, planning, communications and many others.
After the completion of Level 2 you will undertake a short Internship. This will enable you to experience the culture and ethos of a working environment and formal employment. You will benefit from seeing how the skills and knowledge you have acquired are applied in a practical setting and enhance your employment prospects upon graduation.
In the final year, students will concentrate more on the management and administration aspects of insurance. Modules like Management people & Performance, Building Customers Relations, Insurance Administration, Employee Benefits and Insurance Markets and Marketing.
Students will also carry out an individually researched project and thei own investigations into areas related to risk management or insurance (both Conventional & Takaful).
Insurance is a stable yet dynamic industry that provides a wealth of advancement and career opportunities. Careers ranging from administrative support to management programs, from sales to information technology, from accounting to customer. Graduates could work in a variety of areas in insurance including as an underwriter, a sales representative, an asset manager, a customer service representative.
Source: Asia Pacific University